Definition of Term Loan A Commitment Percentage

Term Loan A Commitment Percentage means, for each Lender, a fraction (expressed as a percentage carried to the ninth decimal place), (a) the numerator of which is the outstanding principal amount of such Lender's portion of the Term Loan A, and (b) the denominator of which is the aggregate outstanding principal amount of the Term Loan A. The initial Term Loan A Commitment Percentage of each Lender as of the effective date of the Second Amendment to this Agreement is set forth on Appendix A.

Examples of Term Loan A Commitment Percentage in a sentence

Subject to the terms and conditions of this Agreement, each Term Loan A Lender, severally and not jointly, will make a term loan to Borrowers in the amount equal to such Term Loan A Lenders Term Loan A Commitment Percentage of $8,500,000 (the Term Loan A).

Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein, each Term Loan A Lender severally agrees to make available to the Company on the Closing Date such Term Loan A Lenders Term Loan A Commitment Percentage of a term loan in U.S. Dollars (the Term Loan A) in the aggregate principal Dollar Amount of FIVE HUNDRED FIFTY MILLION U.S. DOLLARS (U.S.$550,000,000) (the Term Loan A Committed Amount) for the purposes hereinafter set forth.

The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Term Loan A Commitment Percentage, a commitment fee (the Term Loan A Commitment Fee) equal to the Applicable Margin of the aggregate amount of the Term Loan A Commitments.

Term Loan A made by each Term Loan A Lender shall be evidenced by a promissory note of the Borrower in favor of such Term Loan A Lender, in substantially the form of Exhibit A-2 hereto (the "Term A Note") in the amount of such Term Loan A Lender's Term Loan A Commitment Percentage dated as of the Closing Date and completed with appropriate insertions.